"In August 2010, Inox had placed an initial order for 17 of American Superconductor's wind turbine ECS to be utilized in 2-MW doubly-fed induction wind turbines. These turbines are being manufactured by Inox under a global American Superconductor Windtec license that it received in May 2009..."

Alert: American Superconductor Devens, MassachusettsCompany highlights: With 300 layoffs in 2011, Massachusetts American Superconductor has subcontracted $12.1 millionof its US taxpayer-funded stimulus to France from their Department of Energy $21.7 loan.

AMSC awards funded:

“..a project for the Navy that is complete and another for the Long Island power grid that is more than 50 percent complete. According to the Administration’s reporting, AMSC’s awards allowed the company to retain 12 full-time position equivalencies—that is, $1.8 million per job “saved or created.”Shipments of wind turbine components from AMSC were refused by Sinovel in China that (was) 70 percent of AMSC’s customer-base. AMSC’s common stock responded with a dive from $24.87 on April 5 to $13.30 on April 7.

Former AMSC employee Dejan Karabasevic sits in a prison cell in Australia for having sold AMSC trade secrets to China Sinovel, while AMSC waits for a court date to be set in China for proceeding on the trade secret accused theft by Sinovel that they fiercy deny.

RS REDSTATEAmerican Superconductor Examined (select excerpts):Foreign Firms Take Millions in Recovery Act Cash“April 3, 2012 — Since 2009, a wind-power company in Devens, Mass.has taken $21.7 million in Recovery Act awards, sent the bulk of thattaxpayer-funded stimulus to French firms, fallen victim to industrial espionageand fired American workers.”“Unlike Solyndra, SunPower or the myriad other green enterprises that havegone belly up after taking Obama-cash, AMSC survived its brush with free marketreality through a strategy of layoffs and cash injections from Kevin G.Douglas, a wealthy Democratic donor and the top shareholder in AMSC, accordingto SEC and FEC records.When Sinovel broke ties, AMSC has left with an uncomfortable fact todisclose to the SEC at their March 31, 2011 reporting deadline. SEC documentsindicate that the company requested and received and temporary reprieve on thatdeadline, but it was nonetheless forced to go public with the information that ithad just lost 70 percent of its customer-base on April 5. Following thedisclosure, the price of AMSC’s common stock plummeted from $24.87 at marketopen April 5 to $13.30 at market close on April 7, bottoming out in Oct. 3 at$3.42.”Kevin Douglas and the Obama Administration“How ironic that one day after Obama lauded grants to wind-power companies,American Superconductor, a wind-power company that received such grants,reported to the SEC that it was on the brink of collapse!”“Douglas and his wife Michelle have given more than $130,000 to Barack Obamaand Democratic committees, according to Federal Election Commission records.What’s more, just days after AMSC’s stock price collapsed, Douglas and his wifeMichelle gave $71,600 to the Chicago-based super PAC, Obama Victory Fund 2012.”[cut], continue reading full article:

American Superconductor, Solyndra, Beacon Power, SunPower and other renewble energy ventures are companies in which the public is heavily invested for reasons political vs public and environmental merit. We are about $2 billion in debt with Solyndra and SunPower bankruptcy filings alone.

YOUR INVESTMENT: White House Briefing Memo on loan guarantees to renewable companies illustrates citizens assume all risks with renenwable energy company investments, like American Superconductor and multiple other green business ventures:

“-the total loan guarantee recipients, which have exceed 60%; “skin in the game”-the relativelysmall private equity (low as 10%) developers put into projects;”